Caisse centrale de réassurance (CCR)

Caisse centrale de réassurance (CCR) is a French reinsurance company. Recent news highlights the increasing financial burden of climate-related events on the insurance industry in France, and CCR's role in managing these risks. The year 2025 saw climate-related insurance claims reach €5.2 billion, significantly higher than the 2010-2019 average of €3.9 billion (adjusted for inflation). While 2025 wasn't marked by a single major catastrophe, frequent hail storms, affecting two-thirds of French municipalities, contributed significantly, costing insurers €2.2 billion. This increase in claims underscores the growing impact of climate change on the insurance sector and the importance of CCR in providing reinsurance coverage for these events. CCR's role is crucial in ensuring the stability of the French insurance market in the face of increasingly frequent and severe weather events.